Fracking bounties for homeowners may be raised

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Homeowners could get more money from Britain’s leading fracking company if it makes more profit than expected from shale gas exploration.

Cuadrilla, which has announced plans to carry out fracking and test flow rates at two sites in Lancashire, said it had not ruled out increasing the proportion of revenue paid to communities above the 1 per cent already offered.

A group of Lancashire MPs and councillors wrote to David Cameron last month rejecting 1 per cent and saying that 10 per cent was “a fair starting point to begin discussions”.